July 22, 2014 7:46 AM ET

Communications Equipment

Company Overview of Garmin International, Inc.

Company Overview

Garmin International, Inc. designs, manufactures, markets, and sells navigation, communication, and information devices for automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. It offers on road products, such as automotive, motorcycle, trucking, and traffic receivers; in sports products for golfing, running, and cycling; on the trail devices, including basic handhelds, mapping handhelds, two-way radios, dog tracking systems, and electronic dog training systems; and devices used on water, such as sounders, fish finders, handhelds, radars, autopilots, and marine networking devices, as well as touch screen controlled marine chart plotters. The company provi...

1200 East 151st Street

Olathe, KS 66062-3426

United States

Founded in 1989

Phone:

913-397-8200

Fax:

913-397-8282

Key Executives for Garmin International, Inc.

President
Age: 48
Co-Founder and Chairman Emeritus
Age: 76
Chief Financial Officer and Treasurer
Age: 51
Vice President
Age: 58
Vice President of Worldwide Sales
Age: 64
Compensation as of Fiscal Year 2014.

Garmin International, Inc. Key Developments

Garmin International Inc., Announces New Software Update

Garmin International Inc. announced new software update available for both the GPSMAP 8000 Glass Helm Series and newest series of chartplotters and combination units that includes expanded GCV(TM) 10 compatibility, further networked sonar capabilities, Garmin Helm(TM) for Android(TM) devices and more. The new internal sonar-sharing options for the inland fisherman and improved gauges and features for the sailor, everyone will benefit from the latest advances that the offer. This update provides the GPSMAP 8000 Glass Helm Series the ability to utilize the Garmin GCV 10 sonar black box. Coastal anglers will now have the opportunity to benefit from DownVü and SideVü, the clearest scanning sonar of fish returns and structure available on the market. Additionally, the GPSMAP 8000 Glass Helm Series will now allow multiple sonar black boxes to exist on the same system. This capability provides easily networked sonar and the ability to switch between GSD(TM) 26 CHIRP sonar and GCV 10 scanning sonar. Internal sonar sharing is another valuable feature that is available. With this capability, chartplotters can share sonar internally to any other devices within the same network. Non-sonar devices can also display compatible sonar shared across the network. Compatible units include the GPSMAP 8000 Glass Helm series, new GPSMAP xs and non-xs series and the echoMAP 70. Garmin Helm, the mobile app that allows boaters to view and control their multi-function chartplotters from the convenience of their mobile device, is now available for Android devices. From the expanded support for Garmin Helm, Android users can now benefit from the same user-friendliness and simplicity that they have come to expect from Garmin marine devices and applications as a result of this software update. Other feature enhancements include Meteor(TM) 300 support for the GPSMAP 800xs and 1000xs series chartplotters, improved sailing gauges that provide a wind gauge, heading gauge and user specified data bars for the entire echoMAP series and new GPSMAP series and improved sonar source selection and custom sonar overlays.

Garmin International, Inc. Launches New Navigation App for Android and iPhone

Garmin International, Inc. has launched viago, a new navigation app for Android and iPhone. Garmin viago offers advanced navigation features not available from free apps, guiding drivers through the situations with ease. The app comes with access to off-board maps for many regions around the world and navigation features such as current speed and speed limit display, lane assist, weather information, in-map traffic display, and photo-realistic junction views. Plus, users can easily upgrade their experience with premium add-ons like downloadable maps ("Maps to Go") that don't require a data connection to navigate, real-time traffic with automatic rerouting, urban navigation with public transportation1, 3D terrain view. Viago is the first smartphone navigation app that features Garmin Real Directions (in app purchase), giving spoken turn-by-turn directions just like a friend would by using recognizable landmarks, buildings, stop signs and traffic lights. Speed Limit Display provides information on speed limits, conveniently displayed next to current speed. Viago also is a perfect companion in urban or metropolitan areas with pedestrian navigation and information on public transportation (in app purchase). Users can easily switch from one mode to another, for example from car to pedestrian navigation to continue by foot after parking the car. Garmin viago offers a whole array of additional premium features through in app purchase packages.

Garmin Announces Partnership with MyFitnessPal

Garmin International Inc. announced a partnership with MyFitnessPal. By linking their Garmin Connect(TM) or Garmin Connect Mobile(TM) and MyFitnessPal accounts, vívofit and Forerunner(R) 15 users can now easily view calories burned and consumed and see their net count for the remainder of the day based on calorie goals set in MyFitnessPal. All other Forerunner and Edge(R) users will have access this summer. Once users' MyFitnessPal accounts are linked in Garmin Connect, calories consumed (which will be logged in users' MyFitnessPal accounts) will automatically be viewable in a widget on their Garmin Connect homepage. The new Calories In/Out feature compares calories consumed against calories burned (as measured by compatible Garmin devices) to show the user their net calorie balance for the day. Vívofit is the only daily activity tracker with over one year of battery life, and automatically greets users with a personalized daily goal to get them moving. The always-on display shows steps, distance, goal countdown, calories burned, and time of day. Forerunner 15 is an easy to use GPS running watch with daily activity tracking. It tracks distance, pace, calories, and keeps users active between workouts counting steps and calories burned. Both devices include an inactivity monitor to alert users when they have been sitting too long, are water resistant up to 50 meters, and are compatible with ANT+(TM) heart rate monitors for fitness activities.

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